Global Food Processing Machinery Market to reach $53 billion in 2016

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ReportsnReports.com adds new market research report “World Food Processing Machinery to 2016” to its store. World food processing equipment industry sales to climb 7% annually through 2016.

Growth in food processing machinery demand in the world’s developed economies was much slower than in industrializing nations between 2006 and 2011, and sales gains in most developed nations will continue to trail the world average through 2016. The food manufacturing industries in these countries are very mature, with relatively stable dietary preferences and consistently high personal incomes, and as a result there will be fewer growth prospects for food processing machinery manufacturers.

The main impetus for gains in the food processing equipment industry will come from greater demand for processed foods in developing nations as personal incomes rise. Furthermore, continuing recoveries in the economies of developed nations from the global recession of 2009 will cause the fixed investment environment to improve, encouraging food processors to upgrade their machinery. However, improvements in the productivity and durability of new units will limit sales of food processing equipment going forward, as operators will have to purchase fewer machines to achieve the desired boost to capacity.

Asia/Pacific region to see fastest gains in demand

The Asia/Pacific region will record the fastest demand gains from 2011 to 2016, averaging almost 10 percent per year. The strong Chinese market will be the primary driver of regional sales, as demand in the country will continue to grow at a rapid pace despite moderating from the 2006-2011 rate. Healthy growth in India, Indonesia, and Thailand will complement sales gains in China. Rising personal incomes will spur increased demand for processed foods and a dietary shift towards more meats and other more costly, non-staple items. Sales of food processing machinery in other developing areas of the world will also, on average, climb at a healthy pace.

China was the largest manufacturer of food processing machinery worldwide in 2011, followed by the US, Germany, and Japan. This industry is highly fragmented with many small producers of specialized machinery, and firms that supply food processing machinery tend to manufacture the majority of these units at their headquarters location. Relative to demand, shipments of food processing equipment are more concentrated in developed nations, as these countries have extensive technical manufacturing expertise, and most of the leading suppliers are headquartered here. This is particularly true for large, technologically advanced machines and equipment designed for complex, delicate processes.

Meat, poultry & sea food processing machinery to be fastest growing segment

Industrial baking equipment (including pasta machinery) represents the largest segment of the market. This product type will also post the largest value gains through 2016, reflecting the basic and essential nature of the food made by these units. However, machinery for processing meat, poultry, and seafood will post the fastest growth in percentage terms, as rising incomes in many developed nations will shift consumption toward higher-value products like meat. This trend will be complemented by increasing meat consumption in developed nations as their economies continue to recover and families can afford to purchase more meat products.

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Major Company Profiles
1.    Anko Food Machine Company Limited                
2.    Atlas Pacific Engineering Company Incorporated        
3.    BAADER-JOHNSON, see Nordischer Maschinenbau Rud Baader
4.    Bean(John)Technologies Corporation                
5.    Berkshire Hathaway Incorporated                
6.    Bettcher Industries Incorporated                
7.    Bibun Engineering, see Nichimo
8.    BMA Group                            
9.    Bongard                            
10.    Briggs of Burtonplc                        
11.    Bucher Industries AG                        
12.    Bühler AG                            
13.    GEA Group AG                            
14.    Haas(Franz)Waffe lmaschinen GmbH                
15.    Heatand Control Incorporated                
16.    Hosokawa Micron Corporation                    
17.    JBT Food Tech, seeBean(John)Technologies
18.    Key Technology Incorporated                    
19.    Mallet and Company                        
20.    Mare lhf                            
21.    Mecatherm SA                            
22.    Meyer Industries Incorporated                
23.    Meyn Food Processing Technology, see Berkshire Hathaway
24.    MIWE Michael Wenz GmbH                    
25.    Mueller(Paul)Company                    
26.    Nichimo Company Limited                    
27.    Nordischer Maschinenbau Rud Baader
28.    GmbH+Company KG                        
29.    Norse Dairy Systems, seeWeston (George)
30.    Odenberg Engineering, seeTomraSystems
31.    Pavan SpA                            
32.    Rheon Automatic Machinery Company Limited            
33.    Risco SpA                            
34.    Satake Corporation                        
35.    Scanvaegt Nordic A/S                        
36.    Seital,seeSPX
37.    SFK Systems A/S etc.

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